My view is that investors are reasonably optimistic that the SP Can go higher, but there is a certain caution as always , as to whether it has the fundamentals to deserve a higher price.So the SP is being continually back tested by the market to see if panic will send it back into single figures. The more the SP resists any fear that might move it back below say .10, the stronger is the emotional case for it to go higher , and remain higher.
I personally haven't been alarmed by the current share price action, certainly nothing to cause me to abandon my investment in 3DP, I entered at .12. The company has great connections, proven management and is in an innovative space with a great demonstrated product. If you look through some of the earlier posts, you'll find a very good graph by HS Invest, which I reckon pretty much reflects the possible outcomes for the SP at this point of consolidation. I've got my fingers crossed that we'll make way higher ground here eventually, but I also like to protect capital, therefore if the higher SP scenario does start to breakdown, well there's plenty more chances out there.
- Forums
- ASX - By Stock
- 3DP
- Ann: Pointerra Commences North American Operations
Ann: Pointerra Commences North American Operations, page-31
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 3DP (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.6¢ |
Change
0.002(4.55%) |
Mkt cap ! $42.66M |
Open | High | Low | Value | Volume |
4.4¢ | 4.6¢ | 4.3¢ | $27.37K | 621.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 111281 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 360999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 173926 | 0.053 |
3 | 71062 | 0.051 |
3 | 100898 | 0.050 |
2 | 200000 | 0.049 |
2 | 165000 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 37619 | 1 |
0.057 | 34225 | 1 |
0.058 | 110423 | 2 |
0.059 | 250000 | 1 |
0.060 | 75000 | 1 |
Last trade - 16.10pm 20/11/2024 (20 minute delay) ? |
Featured News
3DP (ASX) Chart |